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2014-04-23
According to The Arab Islamic Bank (AIB) data for the first three months of the year, net profit after taxes reached 1,968,953
USD, compared with a net profit after taxes of 780,404
USD from the first three months of
2013, a net
increase of 152.3%. Total assets of the company reached 489,076,943
USD as of March 31st,
2014, compared to total assets of 469,814,701
USD as of December 31st,
2013, a net
increase of 4.1%. Total liabilities and restricted & unrestricted investments accounts of the bank reached 438,357,572
USD as of March 31st,
2014, compared to total liabilities and restricted & unrestricted investments accounts of 427,292,363
USD as of December 31st,
2013, a net
increase of 2.6%. Net ownership equity of the company reached 65,622,340
USD as of March 31st,
2014, compared with a net ownership equity of 62,321,766
USD as of December 31st,
2013, a net
increase of 5.3% in the first three months. Furthermore, paid-in capital increased from 48,719,588
USD on December 31st,
2013 to 50,000,000
USD March 31st,
2014, an increase of 2.6%.
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